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Built in 1972 - 399 units - 5 floors

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Building Information

Tropic Bay

Number of units: 399
Active listings for rent: 3
Active listings for sale: 15
Building inventory for sale: 3%
Number of sales over the last 12 months: 7
Number of sales over the last 6 months: 4
Number of sales over the last 3 months: 3
Avg. time to close over last 12 months: 76 days

Address

901-931 Gardenia Dr, Delray Beach, Palm Beach, FL, 33483

Tropic Bay Condominium
Address: 2801 Florida Blvd,
Delray Beach, FL 33483
Phone: +1 561-272-1094

Link: http://tropicbayfl.com/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
417 1,200 sq ft Jan 2025 $400,000 $333
113 1,200 sq ft Jan 2025 $370,000 $308
378 1,300 sq ft Dec 2024 $277,500 $213
581 1,318 sq ft Oct 2024 $539,900 $410
223 1,200 sq ft Jun 2024 $425,000 $354

Market Information

Building vs Area

Tropic Bay: $232/sq. ft.
Delray Beach: $371/sq. ft.

Area vs City

Delray Beach $371/sq. ft.
Palm Beach $465/sq. ft.

Inventory for sale

Delray Beach: 3%
Palm Beach: 4%

Avg. time to close over last 12 months

Tropic Bay 76 days
Delray Beach: 59 days
Palm Beach: 62 days